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Principal Contract

A contract (aqd) which exists by itself and is not subordinate or auxiliary to another contract (i.e., an accessory contract).…

Ju’alah

In Islamic finance, ju’alah (also spelled ju'ala), in Arabic script جعالة, is a contract (aqd) whose subject matter is a...

Ajr

An Arabic term that generally translates as remuneration, wage, recompense, consideration, commission, rate, price, or fees, among others. Ajr is...